Latin Resources Limited

Managing Director, Chris Gale and Exploration Manager, Pedro Fonseca of Latin Resources Limited meet with the Salinas town Mayor Kinca Neres to discuss the Salinas #Lithium Project. #LatinResources #LRS #ASX #LatinAmeria #mining

#ASXNews Latin Resources Limited provides the following update on the conditions precedent to the previously announced proposal for Pilbara Minerals Limited (ASX: PLS) to acquire 100% of the fully paid ordinary shares in Latin Resources by way of a scheme of arrangement (Share Scheme) and 100% of the options in Latin Resources by way of an option scheme of arrangement (Option Scheme). Latin Resources is pleased to announce that the Brazilian National Mining Agency has approved the Integrated Plan of Economic Development submitted by Latin Resources insofar as it relates to the exploitation of lithium in Mineral Rights N. 831.799/2005, 831.219/2017 and 830.691/2017. The receipt of this approval satisfies the condition precedent in clause 3.1(d) of the Scheme Implementation Agreement (SIA), a copy of which was released to the market on 15 August 2024. View the full announcement: https://loom.ly/x2SuWss #LatinResources #LRS #ASX #MiningNews

#ASXNews Latin Resources Limited provides the following update in relation to the proposal for by Pilbara Minerals Limited (ASX: PLS) to acquire 100% of the fully paid ordinary shares in Latin Resources by way of a scheme of arrangement (Share Scheme) and 100% of the options in Latin Resources by way of an option scheme of arrangement (Option Scheme). COURT ORDERS The Supreme Court of Western Australia has today made orders: • that Latin Resources convene and hold: - a meeting of Latin Resources shareholder to consider and vote on the Share Scheme (Share Scheme Meeting); and - a meeting of Latin Resources optionholders to consider and vote on the Option Scheme (Option Scheme Meeting), (together, the Scheme Meetings); and • approving the distribution to Latin Resources securityholders of an explanatory statement providing information about the Share Scheme and Option Scheme and the notices of meeting for the Scheme Meetings (Scheme Booklet). DEMERGER In conjunction with the Schemes, Latin Resources is also proposing to undertake a demerger of its non-core Australian, Peruvian and Argentinian mineral exploration assets and projects by way of a transfer of those assets such that they are held (directly or indirectly) by ESG Minerals Limited and a capital reduction and in specie distribution of fully paid ordinary share in ESG Minerals Limited (Demerger). Latin Resources will also convene a general meeting of Latin Resources shareholders to consider a proposed resolution approving the capital reduction and in-specie distribution (Demerger Meeting). The Scheme Meetings and Demerger Meeting will take place in person on Thursday, 16 January 2025 The Scheme Booklet is expected to be released to ASX on Friday 29 November 2024 following registration with the Australian Securities and Investments Commission. View full Announcement: https://loom.ly/JcjCSnc #LRS #LatinResources #PilbaraMinerals #PLS #Acquisition

Dale Henderson, Managing Director & CEO of Pilbara Minerals Limited was pleased to chat with Joe Lowry, 'Mr Lithium', on the The Global Lithium #Podcast about a number of topics including the Company's growth and the proposed Latin Resources Limited acquisition. LISTEN to the podcast here https://loom.ly/WV6s_ck #LatinResources #PilbaraMinerals #LRS #PLS #ASX #Acquisition

via Proactive Latin Resources Limited has successfully drawn down A$5 million from its A$10 million loan facility with Pilbara Minerals Limited. This facility was established as part of the binding Scheme Implementation Agreement announced on August 15, whereby Pilbara Minerals will acquire 100% of Latin Resources’ issued securities through a Scheme of Arrangement. The acquisition allows Latin Resources to advance its projects with enhanced financial backing. Read more➡️ https://loom.ly/YusX6nY #LRS #ASX #MiningNews

#ASXNews Latin Resources Limited is pleased to announce that it has drawn down $5 million under the $10 million loan facility provided by Pilbara Minerals Limited in connection with the binding Scheme Implementation Agreement announced 15 August 2024. View the announcement: https://loom.ly/2b0bPeI #LatinResources #LRS #ASX

Chris Gale, Managing Director at Latin Resources Limited delivered an engaging presentation at the 2024 Mines & Money International Mining and Resources Conference (IMARC) earlier today in Sydney. Chris provided an update on #LRS and its projects, including the Salinas #Lithium project located in a leading mining jurisdiction, Minas Gerais, Brazil. View the presentation: https://loom.ly/jLpK20c #LatinResources #IMARC #MINESANDMONEY #ASX

#ASXNews Latin Resources Limited is pleased to report on its activities at its 100 per cent owned Salinas Lithium Project (“Salinas” or “the Project”) in Minas Gerais, Brazil, for the three months ending 30 September 2024. On 15 August 2024, #LRS and Pilbara Minerals Limited announced a binding Scheme Implementation Agreement (“SIA”) under which it is proposed #PLS will acquire 100 per cent of the issued securities in Latin Resources, subject to conditions set out in the SIA. The transaction is recognition of the significant progress made by Latin Resources and confirms the Salinas Lithium Project as one of the world’s best undeveloped #lithium projects and important near-term source of high quality #spodumene concentrate. #LRS remains focused on project development activities ahead of the proposed implementation of the schemes with Pilbara Minerals. Key developments are outlined in the Quarterly Activities Report. Latin Resources’ Managing Director, Christopher Gale, commented: “It has been a landmark quarter for Latin Resources, where we announced that Pilbara Minerals – one of the world’s largest producers of lithium – will acquire the issued securities of the Company in an all-share transaction. "I am extremely proud of the progress we have made over the last four years from discovery of the Salinas Lithium Project, growing the resource to a world class standard, and then progressing to the point of entering a binding scheme implementation agreement with Pilbara Minerals. Securityholders will remain exposed to upside from the Project given the all-share consideration in the form of Pilbara Minerals’ shares. "Salinas now hosts a global MRE of 77.7Mt @ 1.24% Li2O. This achievement places the Salinas Lithium Project among the largest and highest-grade undeveloped lithium deposits worldwide. "We continue to work with the Pilbara Minerals team to progress the schemes, and we are delighted to be working through this transaction to de-risk the funding and development of Salinas.” VIEW the Report https://loom.ly/WEK7g0g #Lithium #PilbaraMinerals #MIningNews #Shareholders #QuarterlyReport

Latin Resources Limited Managing Director, Chris Gale was pleased to present yesterday at the Brazil Mining Lunch, hosted by Invest Minas at the W Hotel in Sydney. Guest Speaker, CEO of Invest Minas, Joao Paulo Braga also gave an insightful presentation on the Minas Gerais #lithium projection to 2026. View the #LRS Presentation: https://loom.ly/jLpK20c #LatinResources #ASX #minasgerais #brazilmining

#ASXNews Latin Resources Limited is pleased to share its latest Investor Presentation, "Minas Gerais", showcased at the Brazil Mining Lunch, hosted by Invest Minas, in Sydney on 29 October. VIEW the Presentation: https://loom.ly/J5LyM44 #Investing #LatinResources #Lithium